House of the Day: 202 Clermont Avenue
After selling in 2006 for $1,625,000, the brick house at 202 Clermont Avenue in Fort Greene came on the market again in March 2009 with Brooklyn Properties at a price of $1,725,000. In May of last year, the asking price was trimmed to $1,675,000, and in September the listing moved to Corcoran at a slightly…
After selling in 2006 for $1,625,000, the brick house at 202 Clermont Avenue in Fort Greene came on the market again in March 2009 with Brooklyn Properties at a price of $1,725,000. In May of last year, the asking price was trimmed to $1,675,000, and in September the listing moved to Corcoran at a slightly enhanced price of $1,695,000. Well, that didn’t work too well, and the price had a couple of small reductions last fall, followed by another increase (!) in February, bringing it back to $1,675,000. (You following?) Last week, the price was cut by 7 percent to $1,550,000. Exhausting! What’s the right number?
202 Clermont Avenue [Corcoran] GMAP P*Shark
House of the Day: 202 Clermont Avenue [Brownstoner]
Then you get the gist of the article, Pigeon. 🙂
Yeah 11217, that was a highly publicized black eye (pun intended) for the school, but the new principal is apparently really great, so I have heard from parents there.
Also, I guess I agree that the 2010 sale price shouldn’t have any connection necessarily to the 2006 price but still this house at 1.5 still seems like reasonable value to me compared with other properties that have sold in the area. The current owners are going to lose money no matter what.
In re C train, the stop at Greene and Fulton is less than 10 mins walk from this location. G is slightly closer.
11217,
The article you linked to doesn’t seem to work.
The title alone, though, is enough to make me laugh.
“School Principal Busted for Beating Teacher”
This is what, a 10 minute walk to the 2,3,4,5 @ Nevins and Dekalb Q? What is it with all you guys having to live right ontop of a subway station?!!
on bad days you take the G, no biggie.
Man, that is a very long walk to a decent train.
If you live on that street, what do you do?
Take a bus to the train?
Or, take the G?
Stay home?
Drive?
Pigeon, it’s the fake stuff that snaps together and “floats” It’s like walking on hard plastic. The flooring here looks pretty uniform and 5-6″ wide, which makes it look like it’s engineered to me.
Wasder,
It would be difficult to imagine a trajectory anything but upwards after reading this article…
http://www.nydailynews.com/news/ny_crime/2009/05/21/2009-05-21_school_principal_busted_for_beating_teacher__during_corporal_punishment_hearing.html
Looks nice to me. Agree with Dave that I’m not a huge fan of these floors, but it wouldn’t be a dealbreaker for me. Not too far from the C train, is it? Not sure about the price, but I suspect it will sell for close to its current ask. As wasder points out, proximity to the park is nice. And I personally would pay a big premium to live anywhere in the vicinity of donatella and DeLepp!
I think the location hurts the price. The blocks between Myrtle and Willoughby in Fort Greene are less desirable because:
1- the historic district line meanders mid-block, allowing for taller buildings and misguided remuddles next door (hi, 174 Clinton Avenue!)
2- subway stops are further away
The sale prices get seriously sliced even for beautiful houses, like 186 Washington Avenue. It’s a 10% penalty compared to one block south, all other things being equal.
In slower markets, properties with issues (big or small) get disproportionately punished. I feel sorry for the sellers, but I don’t think the price they paid should influence current market price.